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Tax recovery, registration: DGI&I IR empowered to carry out assessment, audit

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  • Tanzil Faisal And Co
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  • May 9, 2014

Tax recovery, registration: DGI&I IR empowered to carry out assessment, audit

Date: May 09, 2014

The Federal Board of Revenue has empowered the Directorate General (Intelligence &
Investigation), Inland Revenue (IR) to enforce filing of income tax returns, wealth statements
and compulsory registration of new taxpayers, authorising the directorate to carry out
assessment/provisional assessment and audit of the registered persons for recovery of taxes.

The FBR has issued SRO.351(I)/2014 here on Thursday to considerably enhance the powers of
the agency to operate like a Regional Tax Office (RTO). Through SRO.351(I)/2014, the
Directorate General (Intelligence & Investigation), IR has become a parallel assessment
organisation in the presence of Large Taxpayer Units (LTUs) and Regional Tax Office (RTOs),
sources said.

According to the notification, the powers of agency’s officials have been enhanced including
Director General I&I IR; Directors I&I IR; Additional Directors I&I IR; Deputy/Assistant
Directors I&I IR and Inland Revenue Officers I&I IR. The officers of Directorate General
(Intelligence & Investigation), IR have been empowered to exercise powers under section 114
(return of income), section 116 (wealth statement), section 119 (extension of time for furnishing
returns and other documents), section 120 (assessments), section 121 (Best judgement
assessment), section 122 (amendment of assessments), section 122A (revision by the
Commissioner), section 122C (provisional assessment), section 123 (provisional assessment in
certain cases), section 124 (assessment giving effect to an order), 124A (powers of tax authorities
to modify orders, etc), section 125 (assessment in relation to disputed property), section 126
(evidence of assessment), section 161 (payment of tax collected or deducted), section 162
(recovery of tax from the person from whom tax was not collected or deducted), section 174
(records), section 175 (power to enter and search premises), 176 (notice to obtain information or
evidence), section 177 (audit), 178 (assistance to commissioner), section 179 (accounts,
documents, records and computer-stored information not in Urdu or English language), section
180 (power to collect information regarding exempt income), section 181 (taxpayer’s
registration), section 182 (offences and penalties, section 205 (default surcharge), section 221
(Rectification of mistakes) and other sections mentioned in the notification.

Under the notification, in exercise of the powers conferred by section 230 of the Income Tax
Ordinance, 2001 (XLIX of 2001), read with section 208 and sub-section (1) of section 209
thereof, and in suppression of its Notification No SRO 51(I)/2013, dated the 29th January, 2013,
the FBR conferred upon the officers of the Directorate General (Intelligence & Investigation),
Inland Revenue to exercise powers and perform functions under the provisions of the Income
Tax Ordinance. Director General I&I (Inland Revenue) can exercise powers of sections 114, 116,
119, 120, 121, 122, 122A, 122B, 122C, 123,124,124A,125,126,161,162,174,175,176,177,
178,179,180,181,182, Chapter VIII, Part III, Part IV and Part XI of Chapter X,
Sections 205, 209,221 and 222 of the Income Tax Ordinance 2001. Directors of I&I (IR) can exercise powers under sections
114,116,119,120,121,122,122A,122C,123,124,124A,125,126,161, 162, 174, 175, 176, 177, 178,
179, 180,181,182, Chapter VIII, Part III, Part IV and Part XI of Chapter X, Sections 205 and 221
of the Ordinance 2001.

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